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S&P 500 and Nasdaq notch first record high closes in months

Editor June 27, 2025

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Trump calls being president a ‘very dangerous profession’
WASHINGTON (Reuters) -U.S. President Donald Trump on Friday reflected on threats to his life as he celebrated a court ruling that handed his administration sweeping power to pursue his policy agenda.Asked by a reporter about such threats, the Republican suggested that he is occasionally reminded of when he wa … Read More >>

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S&P 500 and Nasdaq notch first record high closes in months
The S&P 500 index advanced 0.5% to about 6,173.07 points, surpassingĂ‚ its previous record high close of 6,144.15 reached on February 19.The tech-heavy Nasdaq Composite index also gained 0.5%, ending at about 20,273.46 points and surpassing its record high close of 20,173.89 on December 16. (Reporting by Noe … Read More >>

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California should support fuel imports, find ways to retain refiners, regulator says
Newsom had earlier this year asked the California Energy Commission to recommend changes to the state’s energy transition efforts, as it faces higher fuel costs from Phillips 66 and Valero’s decision to shutter refineries supplying about 20% of the state’s total fuel production capacity.The CEC recommended th … Read More >>

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Fed says banks resilient in hypothetical downturn, clearing way for capital plans
WASHINGTON (Reuters) -Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and continue lending, with firms maintaining robust capital levels even after suffering hundreds of billions of dollars in losses, the Federal Reserve reported on Friday.The … Read More >>

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